---
schema_version: "secwatch.filing_event.v1"
accession: "0001868726-23-000013"
form_type: "8-K"
ticker: "OLPX"
cik: "0001868726"
company_name: "OLAPLEX HOLDINGS, INC."
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T22:49:08.745503+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Olaplex Q4 net sales down 21.5% to $130.7M; net income falls 51.5%

## Summary
- Q4 net sales $130.7M vs $166.5M YoY; US sales down 28.0%, international down 13.4%.
- Q4 diluted EPS $0.05 vs $0.10; adjusted diluted EPS $0.07 vs $0.10.
- Full-year 2022 net sales up 17.7% to $704.3M; net income up 10.5% to $244.1M.
- Specialty Retail channel Q4 sales plunged 45.3% to $32.6M; Professional down 3.9%.
- CEO cites rapidly changing market; 2023 priorities to reset base and invest in core.

## SEC filing metadata
- accession: 0001868726-23-000013
- form_type: 8-K
- ticker: OLPX
- cik: 0001868726
- company_name: OLAPLEX HOLDINGS, INC.
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868726/000186872623000013/0001868726-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868726/000186872623000013/olpx-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001868726-23-000013
- JSON: https://secwatch.observer/filing/0001868726-23-000013.json
- Plain text: https://secwatch.observer/filing/0001868726-23-000013.txt

## Key facts
- Earnings Releases
  OLAPLEX HOLDINGS, INC. reported Q4 2022 results: revenue $ 130,721, net income $ 33,633, EPS $ 0.05.
  - Period: Q4 2022
  - Revenue: $ 130,721
  - Net income: $ 33,633
  - EPS: $ 0.05
  - Result: reported results
  source text: Fourth Quarter 2022 Highlights (Dollars in $000’s, except per share data) Q4 2022 Q4 2021 % Change Net Sales $ 130,721 GL $ 166,498 (21.5)% Gross Profit $ 92,090 $ 132,213 (30.3)% Gross Profit Margin 70.4 % 79.4 % Adjusted Gross Profit $ 94,735 $ 133,803 (29.2)% Adjusted Gross Profit Margin 72.5 % 80.4 % SG&A $ 34,645 $ 23,555 47.1% Adjusted SG&A $ 28,836 $ 22,605 27.6% Net Income $ 33,633 $ 69,311 (51.5)% Adjusted Net Income $ 48,325 $ 71,393 (32.3)% Adjusted EBITDA $ 67,626 $ 110,678 (38.9)% Adjusted EBITDA Margin 51.7 % 66.5 % Diluted EPS $ 0.05 $ 0.10 (50.0)% Adjusted Diluted EPS $ 0.07 $ 0.10 (30.0)% Weighted Average Diluted Shares Outstanding 686,036,091 692,863,933
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868726/000186872623000013/0001868726-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.